This chapter shall be liberally construed to effect the purposes hereof, and insofar as this chapter may be inconsistent with the provisions of any other law, including the charter of any municipal corporation, this chapter shall be controlling. The sale or issuance of bonds by any authority shall not be subject to regulation under Chapter 5 of Title 10, the “Georgia Uniform Securities Act of 2008,” or any other law. No proceeding or publication not required in this chapter shall be necessary to the performance of any act authorized in this chapter, nor shall any such act be subject to referendum.
History. Ga. L. 1963, p. 531, § 11; Ga. L. 1969, p. 137, § 8; Ga. L. 2008, p. 381, § 11/SB 358.
Structure Georgia Code
Chapter 62 - Development Authorities
§ 36-62-3. Constitutional Authority for Chapter; Finding of Public Purposes; Tax Exemption
§ 36-62-5.1. Joint Authorities
§ 36-62-5.2. Creation of Regional Industrial Development Authorities; Application; Tax Credits
§ 36-62-6. Powers of Authority Generally
§ 36-62-9. Purposes of Chapter; Issuance of Bonds or Bond Anticipation Notes; Exceptions
§ 36-62-10. Obligations of Authority Not Indebtedness of State or Political Subdivisions
§ 36-62-12. Previously Created Authority Not Affected by Chapter
§ 36-62-13. Disposition of Property of Certain Authorities Dissolved by Operation of Law